Working at Fannie Mae | Glassdoor

Fannie Mae Overview

Washington, DC
5001 to 10000 employees
1938
Company - Public (FNMA)
Investment Banking & Asset Management
$10+ billion (USD) per year
Fannie Mae serves the people who house America. We are a leading source of financing for mortgage lenders, providing access to affordable mortgage financing in all markets at all times. Our financing makes sustainable homeownership and workforce rental housing a reality for ... Read more

Mission: To provide access to reliable, affordable mortgage financing in all markets at all times. Our vision is to be America’s most valued housing partner.


Glassdoor Awards

Top CEOs: 2017 (#59)

Company Updates

  • Each day is a chance to make history. Our African Ancestry Business Leaders for Excellence (ABLE) ERG themed 2018 Black History Month events as "Making History Today." ABLE member, James Moore, reflects on these impactful events in the latest Heart of Housing Blog post. http://glassdoor.com/slink.htm?key=vQzgP

    Making History Today: Celebrating Black History Month | Fannie Mae

    Fannie Mae's 2018 Black History Month Celebration

  • We are proud to be recognized by Latino Leaders as one of the Best Employers For Latinos. Check out the full list! http://glassdoor.com/slink.htm?key=vQVwj

    The Best Employers for Latinos 2018

    Professional Services 7% Hispanic ACCENTURE aggressively recruits Latino employees as part of its strategy to develop a diverse workforce. It launched a new program to reward employees who recruit minority job candidates. The company also facilitates open conversation about diversity, both inside and outside the organization.

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Fannie Mae – Why Work For Us?


Fannie Mae works at the heart of housing by providing reliable, affordable mortgage financing in all markets at all times, and buying loans that banks and other lenders originate, so they can fund new loans. This gives more people the opportunity to buy, refinance, or rent homes and apartments. Creating these opportunities is what drives the people who work at Fannie Mae.

Working at the heart of housing means continuously improving our company and our industry. We work tirelessly with our colleagues and our partners to ensure Fannie Mae is positioned to build a stronger, safer, more efficient housing finance system - one that continues to create housing opportunities for homebuyers and renters in all communities across the nation for generations to come. 


We view our culture as one of our most important differentiators. That means ensuring our employees find challenging and fulfilling work; continuous learning and development; and a culture committed to rewards and recognition. We are a leader in diversity and inclusion, and are driven by our vision, mission, and values.

Our Values:

  • We lead the market
  • We serve our partners
  • We get things done and done right
  • We can be counted on
  • We value our people and our communities
  • We are One Fannie Mae


Be At the Heart of Housing

What does it mean to work at Fannie Mae? What’s in it for you? At Fannie Mae, you have the opportunity to Be At the Heart of Housing. It’s the idea that our work is at the center of something important – the housing industry. It’s a big idea that can inspire us all – the work we do every day makes a difference in people’s lives.

We regard our employees as the very center of the company’s success. We value a spirit of collaboration and competitiveness to drive positive change, innovation, and creativity. We provide a rewarding and enjoyable work environment offering career opportunities today to help you build your skills for tomorrow.

Fannie Mae has one of the most diverse workforces of any financial services company in the nation. Forty-nine percent of our workers are minorities and 47 percent are women. Representing a wide range of perspectives, we are better able to serve families in today’s housing market.

Our employees have full access to 10 Employee Resource Groups, which provide a better understanding of the value of different backgrounds and lifestyles. These groups, which host events throughout the year, include Hispanic, LGBT, Christian Salt and Light, African American, and INDUS (INDians in the USa).


Fannie Mae is committed to making a difference in the communities across America where we live and work. Volunteerism is a core value and tenet of our corporate culture. Created in 1988, our Help the Homeless program is the nation’s largest fundraising effort focused on preventing and ending homelessness. We support our employees in their volunteer efforts and coordinate volunteer activities for employees and teams. Our employees donate tens of thousands of hours of service each year to non-profits, schools, and community groups on a wide range of projects and initiatives.


Fannie Mae Reviews

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    "Paralegal"

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    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Fannie Mae full-time

    Pros

    Strong team environment. Interesting work. Good pay and benefits. Focus on employee development.

    Cons

    Tight deadlines. Continually learning new software systems (both a pro and con).

    Advice to Management

    None

See All 1,130 Reviews

Fannie Mae Photos

Fannie Mae photo of: Fannie Mae Young Professionals Employee Resource Group SERVE Event
Fannie Mae photo of: Headquarters of Fannie Mae- 3900 Wisconsin Avenue, N.W in Washington DC (Photo attributed to AgnosticPreachersKid - licensed under the CCL Attribution-ShareAlike 3.0)
Fannie Mae photo of: Fannie Mae 2017 Employee Resource Group Fair
Fannie Mae photo of: OutNext Summit 2017
Fannie Mae photo of: Help the Homeless Fundraiser and Basketball Tournament
Fannie Mae photo of: Bike to Work Day 2017
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Fannie Mae Interviews

Experience

Experience
60%
26%
14%

Getting an Interview

Getting an Interview
35%
27%
15%
12
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Difficulty

2.8
Average

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  1. Featured Interview

     

    Accepted Offer
    Positive Experience
    Average Interview

    Application

    I applied online. The process took 6 weeks. I interviewed at Fannie Mae in February 2018.

    Interview

    I applied for the job through the Careers portal and heard back about two weeks later about an introductory interview. 30 minute phone conversation with the HR rep, typical walkthrough of resume, career goals & ideal characteristics of next job opportunity. About a week later, had a second phone interview with hiring manager. This was more of a conversation, we went back and forth about my previous work experience and how I thought I could contribute. Heard back the next day that they wanted to schedule a video interview (I was a relocation) with two other departmental managers. This took place about a week later- 30 minutes with each manager, again more of a conversation. They walked through my resume and asked what I took away from my experiences that would allow me to succeed at Fannie Mae. I was given ample time to ask questions, and I heard back that the quality and depth of the questions I asked was one of the reasons they hired me. Do your homework and ask thoughtful questions and you will be in a good spot.

    Interview Questions

    • How do you evaluate progress?   1 Answer
    • If chosen, what will be the most difficult part of this job for you?   1 Answer
    • How do you deal with a group of stakeholders who have different motives?   1 Answer
See All 294 Interviews

Fannie Mae Awards & Accolades

  • Computerworld Premier 100 Technology Leaders, ComputerWorld, 2017
  • Fortune 500, Fortune, 2016
  • Best Places to Work for LGBT Equality, Human Rights Campaign’s (HRC) Corporate Equality Index, 2017
  • 50 Best Companies for Diversity, Black Enterprise, 2016
  • NAFE Women of Excellence, National Association for Female Executives, 2016
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